New Zealand: Forest rents (% of GDP)
In , New Zealand's Forest rents (% of GDP) was 0.97.
That's up 3.3% from 2020, the highest value since .
The global average for this indicator in 2021 was 1.28 . New Zealand ranks #56 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #8 of 35.
Source: World Bank Open Data (NY.GDP.FRST.RT.ZS) • Data as of 2021
Trend (2002–2021)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 1.08
- Trough
- 0.44
- 1-year change
- +3.3%
- 5-year change
- +69.7%
- +11.2% / yr
- 10-year change
- +67.4%
- +5.3% / yr
Historical Data — Last 10 Years
| Year | Forest rents (% of GDP) |
|---|---|
| 0.9704 | |
| 0.9391 | |
| 1.0078 | |
| 1.0296 | |
| 1.0844 | |
| 0.5718 | |
| 0.6145 | |
| 0.4949 | |
| 0.5411 | |
| 0.5508 |
About Forest rents (% of GDP)
Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.
Indicator code: NY.GDP.FRST.RT.ZS • Category: Economy
Frequently asked questions
- What was New Zealand's Forest rents (% of GDP) in 2021?
- In 2021, New Zealand's Forest rents (% of GDP) was 0.97, according to World Bank Open Data.
- Is New Zealand's Forest rents (% of GDP) rising or falling?
- New Zealand's Forest rents (% of GDP) rose 3.3% from 2020 to 2021.
- How does New Zealand rank globally on Forest rents (% of GDP)?
- In 2021, New Zealand ranked #56 out of 197 countries reporting Forest rents (% of GDP).
- How does New Zealand's Forest rents (% of GDP) compare to the world average?
- The global average for Forest rents (% of GDP) in 2021 was 1.28, so New Zealand is below the world average. Within East Asia & Pacific, it ranks #8 of 35.
- What is Forest rents (% of GDP) and how is it measured?
- Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.
Source: World Bank Open Data (NY.GDP.FRST.RT.ZS), CC BY 4.0.